Colorado Springs Housing Market Report: October 2007
Posted by Mariana Wagner on November 6, 2007
The Colorado Springs Housing Market has remained pretty steady from September to October of 2007. Homes in Colorado Springs are still selling around the 3 month mark, and even selling for very close to asking price. Here is a snapshot of the data:
Average Days on Market (DOM): 85
Median Days on Market: 88 Days
Average Sale Price (SP): $258,207
Median Sales Price: $233,958
List Price to Sale Price Ratio (LP/SP): 97.78%
Median LP/SP Ratio: 98.22%
In October 2007:
- 674 homes went on the market.
- 237 homes went under contract.
- 178 homes sold.
(Read Full Market Report HERE.)
For more information on the Colorado Springs Real Estate Market, please check out our recent reports:
Colorado Springs Market Report: September 2007
Colorado Springs Market Report: August 2007
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Posted By: Mariana Wagner - Wagner iTeam – Colorado Springs Real Estate
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